Ally Financial ( ALLY 1.11%) has underperformed the market over the past year, with fears of rising defaults and demand ...

A Record Number of Consumers Are Making Minimum Credit Card Payments as Delinquencies Also Rise ...

Ally Financial Inc. and CardWorks, Inc. today announced that they have entered into a definitive agreement for CardWorks, and its wholly-owned bank subsidiary, Merrick Bank, to acquire Ally's credit ...

Ally Financial’s ALLY fourth-quarter 2024 adjusted earnings of 78 cents per share handily surpassed the Zacks Consensus ...

Ally Financial Inc. (NYSE: ALLY) and CardWorks, Inc. today announced that they have entered into a definitive agreement for CardWorks, and its wholly-owned bank subsidiary, Merrick Bank, to acquire ...

The auto lender is selling its credit card business and halting new mortgage loans, abandoning its once-broader ambitions.

Auto lender Ally Financial said Wednesday that it's officially ending its foray into credit cards under a broader ...

Ally Financial shares surged Wednesday after the financial firm topped earnings and revenue estimates as it cut costs, and ...

Shares of Ally Financial advanced after fourth-quarter results beat analyst projections and the company inked a deal to sell its credit-card business. The stock was up 5% at $40.08 in early trading.

Ally Financial (ALLY) and CardWorks announced they have entered into a definitive agreement for CardWorks, and its wholly-owned bank ...

This move aligns with Ally's mission to focus on its core services, including approximately 10 million customers in banking, ...

Ally Financial has agreed to sell its credit-card business to a subsidiary of credit-card servicer CardWorks for an undisclosed amount.